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flsunchaser

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flsunchaser

Re: AnthonyBP post# 6534

Friday, 12/08/2006 1:04:44 PM

Friday, December 08, 2006 1:04:44 PM

Post# of 38057
Anthony, You have a misunderstanding with this one sentence description of the 4.9% Rule, in the SB-2. Cornell can own any percentage of SaVi they want at any one time, and they will if they keep converting 2.9 billion warrants, they just can't convert their warrants into common shares (not "own" as you continue to say) so that they have more than 4.9% converted shares than is outstanding in the market, at that time.

Substitute "convert" for "own" in your last post and you're good. The conflict goes away. -:)

FlSun

Any opinions expressed by flsunchaser are intended solely for the purpose of providing investors with a guideline. No investment idea is guaranteed to be right and all ideas are subject to high risk. Investors should do their own homework.

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